Foreclosure Homes in Prairie City, IA 50228

Current Market Conditions in Prairie City, IA

Prairie City is currently experiencing a stable real estate market with modest appreciation in home values over the past year. The demand for housing remains steady, driven by families seeking affordable options and quality education within the PCM School District.

The average home price in Prairie City has shown a slight increase over the past year as new families move into the area, attracted to its small-town charm and excellent amenities. Inventory levels are moderate, providing buyers with a good selection without overwhelming competition.

Rent Prices In Prairie City, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prairie City, IA, is on a rollercoaster ride. The average rent price in Prairie City, IA, is $1,439.00. Indeed, when looking to rent in Prairie City, IA, you can expect to pay as little as $890.00 or as much as $1,980.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Prairie City, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.